Alcatel CEO says Qualcomm deal may lead to others

PARIS Tue Jul 30, 2013 8:36am EDT

A man walks past a Qualcomm advertising logo at the Mobile World Congress at Barcelona, February 27, 2013. REUTERS/Albert Gea

A man walks past a Qualcomm advertising logo at the Mobile World Congress at Barcelona, February 27, 2013.

Credit: Reuters/Albert Gea

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PARIS (Reuters) - Alcatel Lucent's (ALUA.PA) joint venture with Qualcomm (QCOM.O) could be the first of several deals aimed at boosting the French telecom-equipment maker's footprint in fast-growing technologies, Alcatel's chief executive said on Tuesday.

Michel Combes added that, as with the Qualcomm deal, other partners - roughly three to five - could end up taking small stakes in Alcatel.

"We obviously intend to do the same with a few other names in the industry in the coming quarters in due course," he said. "All those partners together might represent 5 pct of our capital structure."

(Reporting By Christian Plumb; Editing by Lionel Laurent)

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